$XRP /USDT BEARISH – PRESSURE MOUNTS AS BULLS LOSE CONTROL NEAR RESISTANCE!
$XRP is showing signs of short-term weakness after failing to sustain above the $2.68 resistance zone. The latest 4H candles reveal declining momentum with a bearish crossover forming on the MACD, suggesting fading buying strength. Price action remains below the 20-EMA, signaling that sellers are gradually regaining dominance. If the $2.60 support breaks decisively, a deeper pullback toward lower supports is likely before any rebound attempt.
🔹Trade Setup:
Entry (Short): $2.63 – $2.65
Targets (TP): $2.58 / $2.53 / $2.48
Stop Loss (SL): $2.69
📉Market Outlook:
While XRP’s long-term fundamentals remain strong, near-term momentum is skewed bearish. A short correction phase could refresh market liquidity before the next major push. Traders should stay cautious and wait for confirmation near the $2.55 support zone before considering fresh longs.
#XRP #BearishTrend #CryptoAnalysis #AltcoinMarket #TechnicalTrading
